Welspun Specialty Solutions Q2FY27: Bars volume up ~16% but tube weakness drives quarterly loss
Q2FY27 total income flat at INR 2,420 Mn; reported EBITDA down 75% to INR 44 Mn and PAT a loss of INR (45) Mn.
By ScoutQuest · · 1 min read
- Q2FY27 Total Income
- INR 2,420 Mn versus 2,427 Mn a year earlier
- Reported EBITDA
- down 75% to INR 44 Mn
- PAT
- loss of INR (45) Mn
- Period
- Q2FY27
- Positioning
- The company says it is the only fully integrated producer in India of stainless-steel seamless pipes and tubes by hot extrusion, from steel making to finished tubes, at a 126-acre Bharuch facility.
📉 Q2FY27 total income was INR 2,420 Mn versus 2,427 Mn a year earlier, but reported EBITDA fell 75% to 44 Mn, PAT swung to a loss of (45) Mn and Cash PAT dropped 93% to 10 Mn. H1FY27 PAT was 6 Mn against 89 Mn.
📉 Bars volume rose to 8,232 MT in Q2FY27 from 7,079 MT, which the company attributes to domestic market penetration, while Pipes & Tubes volume fell to 565 MT from 1,692 MT on deferred contracts and deliveries.
🌍 The company says freight surges raised scrap prices and EU duty above 20%, with TRQ cuts and duty doubling to 50%, pressured pricing and exports.
📋 Management states the closing tubes order book covers about 4 months, with most of the bid book due for finalisation in Q3 and Q4 FY27, and expects export markets to improve gradually; it also cites ADNOC pipe approval and 24 new customers.
Also from Welspun Specialty Solutions
Audio recording of Q2 FY27 conference call made available on Welspun Specialty Solutions website
23 Oct 2026
Board approves Q2 results; auditors give unmodified limited review conclusion
21 Oct 2026
Welspun Specialty Solutions to hold Q2 & H1 FY27 earnings conference call on October 22, 2026
19 Oct 2026
More numbers
- Total income, Q2FY272,420 (INR Mn)
- Reported EBITDA, Q2FY2744 (INR Mn)
- PAT, Q2FY27(45) (INR Mn)
- Cash PAT, Q2FY2710 (INR Mn)
- Total income, H1FY274,395 (INR Mn)
- PAT, H1FY276 (INR Mn)
- Bars sales volume, Q2FY27 (MT)8,232
- Pipes & Tubes sales volume, Q2FY27 (MT)565
- SS Bars sales volume, FY26 (MT)27,245
- Bars volume growth YoY, Q2FY27~16%
- New customers added, H1FY2724
- Share of renewable electricity, FY27E67%
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